Sturm, ruger & company, inc. (RGR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Operating Activities
Net income

15,338

8,208

4,817

6,233

13,033

12,274

9,206

15,189

14,264

10,349

9,370

10,199

22,224

20,830

19,850

23,514

23,278

17,100

11,963

17,560

15,503

-14,759

6,782

22,286

24,319

26,575

28,671

32,308

23,718

19,787

17,348

18,014

15,480

10,519

10,737

10,812

7,947

5,714

6,040

8,185

8,316

Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization

7,214

6,873

7,486

7,486

7,486

7,455

8,173

8,172

8,172

8,238

7,373

9,327

9,326

10,092

8,573

8,346

8,344

9,542

8,852

8,884

8,957

9,886

8,940

8,940

8,940

6,185

4,743

4,933

4,501

4,737

3,377

3,386

3,388

3,356

2,932

2,930

2,930

2,344

2,444

2,284

2,135

Stock-based compensation

1,354

1,578

1,578

1,633

1,541

1,570

1,571

1,524

1,144

1,012

1,004

957

686

841

840

741

632

1,088

1,144

1,147

1,151

1,454

1,435

1,544

1,214

1,315

1,314

1,329

1,330

1,401

1,213

1,176

928

843

863

788

459

878

803

280

628

Excess and obsolescence inventory reserve

-

-

-

-

-

-38

201

-708

360

-336

373

-294

615

-108

178

543

-91

-342

-115

-263

-748

-1,268

1,655

803

157

456

498

-496

235

315

510

-11

-53

-199

141

-51

-125

-365

-378

447

-761

Loss (gain) on sale of assets

-

-

-

-

-

-

-

-

-

0

0

0

-31

-9

-49

3

-4

-44

0

97

60

-7

1

7

0

-100

29

0

70

879

52

13

0

-56

75

0

7

-17

5

-13

3

Deferred income taxes

1,530

-2,454

-1,095

714

411

-2,038

-1,820

231

-744

811

497

-505

933

-684

1,107

548

865

-3,179

1,098

-1,179

3

-12,526

-112

2,303

-1,680

5,129

3,298

-7

-2,684

-1,215

1,085

15

-1,365

6,829

265

2,667

-1,556

-156

-1,271

2,328

-408

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

0

12

178

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Trade receivables

3,196

-3,348

14,494

-10,724

7,187

-1,779

-3,328

-10,991

1,047

6,928

-2,408

-22,031

8,151

-881

5,345

-9,768

3,025

18,739

-1,131

-8,918

13,296

3,893

-5,862

-18,196

2,516

3,551

6,489

-2,138

16,464

-4,456

142

-1,694

6,801

8,804

1,564

1,427

-1,135

5,631

3,551

-5,232

2,566

Inventories

-10,012

-4,673

-8,543

6,081

5,062

5,190

2,380

-2,807

-13,242

-12,791

301

-3,011

1,038

10,853

4,969

7,052

-4,916

-4,004

6,457

4,634

-16,145

-4,283

8,980

12,045

6,033

3,749

4,412

1,468

-1,684

2,954

4,670

1,578

-2,649

2,263

3,847

450

-6,404

-1,053

1,226

2,197

-3,258

Trade accounts payable and accrued expenses

-266

4,826

2,332

-6,319

-4,485

3,177

1,498

238

-3,974

1,745

-3,647

-11,465

-2,693

-4,160

2,885

1,569

5,308

5,852

-4,969

8,615

-2,690

11,367

-12,233

-8,925

-1,256

8,522

-4,774

2,647

2,836

7,337

3,971

-4,011

2,611

8,937

572

-1,021

3,319

5,409

1,469

-2,717

-229

Contract liability to customers

-1,060

5,983

2,365

-2,684

-3,518

1,546

-743

-2,634

7,081

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Employee compensation and benefits

127

672

801

38

-8,157

930

-163

3,881

1,361

-438

-416

-739

-9,873

-519

2,815

4,316

-9,798

776

1,721

4,405

2,476

151

-4,835

1,295

-14,046

2,547

4,489

7,183

3,678

-6,054

2,379

3,568

-4,238

2,952

1,587

1,804

-2,384

1,938

429

273

-4,607

Product liability

-58

-232

-239

-384

501

309

-29

143

-70

-451

-244

148

-453

269

517

-291

580

0

300

-51

-350

-31

-325

-50

15

-329

338

-16

186

-337

14

-301

-65

270

319

-37

172

-65

-99

-634

-262

Prepaid expenses, other assets and other liabilities

2,384

-5,949

-3,320

5,285

4,872

879

3,033

743

-898

-17,963

-445

1,539

3,165

1,008

3,206

1,663

471

-901

3,133

-6,186

-2,599

2,256

3,180

1,021

6,618

5,031

11,013

620

2,676

1,977

398

3,065

-5,119

6,542

985

2,962

472

2,266

363

-1,054

-242

Income taxes payable

2,460

1,223

0

-3,347

7

-

-

-3,404

4,625

-

2,245

-10,162

10,495

3,819

-4,004

-3,664

-1,113

605

2,530

-1,410

3,081

-214

370

-13,453

13,214

-3,151

-2,733

-8,499

14,133

-359

-346

-3,211

4,188

-1,512

-352

-1,415

2,914

123

75

-5,349

4,189

Cash provided by (used for) operating activities

31,071

40,654

15,358

3,877

-10,302

24,234

14,583

35,683

45,312

42,178

19,107

20,969

18,937

19,409

19,300

36,662

29,429

17,620

14,085

48,081

32,783

24,597

-4,622

19,866

15,710

35,929

13,901

39,432

30,407

25,392

24,289

15,663

21,841

14,442

10,593

11,638

20,736

8,993

4,367

9,199

9,932

Investing Activities
Property, plant and equipment additions

4,094

11,146

5,260

1,179

2,711

5,657

2,524

958

1,402

20,391

2,330

3,643

7,232

12,166

11,715

4,988

6,346

4,217

8,229

11,957

4,302

16,875

5,879

13,238

9,579

24,016

11,780

11,115

7,705

6,967

7,976

9,292

3,047

9,926

4,490

3,413

4,306

2,993

3,818

6,902

5,696

Purchases of short-term investments

89,535

79,396

84,370

74,011

44,961

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

29,973

9,999

19,994

0

75,482

-13,987

61,483

52,493

35,496

41,985

34,992

Proceeds from maturities of short-term investments

69,448

64,415

69,425

73,973

59,763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,998

113,977

-11,498

46,994

47,492

40,986

42,238

32,498

Net proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4

158

60

-155

-96

275

0

113

50

0

70

938

52

13

0

192

111

9

7

0

5

11

5

Cash (used for) provided by investing activities

-24,181

-26,127

-20,205

-1,203

12,091

-119,915

-2,519

-954

-1,402

-20,391

-2,330

-3,640

-7,232

-11,848

-11,711

-4,985

-6,346

-4,217

-8,225

-11,799

-4,242

-17,030

-5,975

-12,963

-9,579

-23,903

-11,730

-11,115

-7,635

23,944

-17,903

-9,279

-23,041

16,264

34,116

-915

-18,788

-7,994

1,677

-6,638

-8,185

Financing Activities
Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

114

0

0

97

0

0

0

23

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit from share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

1

33

8,792

131

0

25

280

0

1

276

1,344

12

212

331

1,747

2,437

0

115

922

768

1,646

194

1,247

1,225

0

665

33

Repurchase of common stock

-

-

-

-

-

-

-

-

-

0

11,381

0

53,469

-

-

-

-

0

0

0

2,841

24,002

0

0

0

-

-

-

-

-

-

-

-

0

0

0

1,999

-

-

-

-

Remittance of taxes withheld from employees related to share-based compensation

1,297

-

-

-

-

0

0

98

718

0

0

-10

2,492

0

0

0

14,001

-1

0

0

1,000

0

46

0

2,317

9

332

0

2,082

2,038

0

161

884

-

-

-

-

-

-

-

-

Dividends paid

3,034

1,920

2,443

5,069

4,887

3,666

5,936

5,587

4,012

3,659

3,991

8,483

7,772

7,779

9,296

9,104

6,636

4,676

6,732

5,983

3,178

2,718

8,739

9,514

10,475

11,221

12,576

9,478

7,804

94,028

7,223

6,213

4,059

2,685

2,699

1,837

938

1,468

1,909

1,794

1,146

Cash used for financing activities

-4,331

-1,920

-4,560

-5,848

-4,887

-3,666

-5,936

-5,685

-4,730

-3,659

-15,372

-8,473

-63,733

-21,798

-9,295

-9,071

-11,845

-4,430

-6,732

-5,958

-6,642

-26,720

-8,784

-9,238

-11,425

-11,218

-12,696

-9,147

-8,139

-93,481

-7,223

-6,259

-4,021

-2,994

-3,403

-4,075

-1,690

-1,359

-6,259

-2,496

-1,113

Decrease in cash and cash equivalents

2,559

12,607

-9,407

-3,174

-3,098

-99,347

6,128

29,044

39,180

18,128

1,405

8,856

-52,028

-14,237

-1,706

22,606

11,238

8,973

-872

30,324

21,899

-19,153

-19,381

-2,335

-5,294

808

-10,525

19,170

14,633

-44,145

-837

125

-5,221

27,712

41,306

6,648

258

-360

-215

65

634